Bear Mountain Capital Inc.

Deficit to GDP

| April 12, 2011


In emerging markets, a deficit greater then 4% of GDP is high. While a developed economy has more consistent revenues and a more diversified economy, a deficit to GDP ratio of 10% is detrimental to growth.  MAJOR deficit reduction initiatives must be enacted to meet this short-fall.  If last week’s budget battle was an indication, its going to be rough-riding for all.

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